| Topic Name: |
Getting into Fidelity |
| Message Name: |
Just for laughs You are a wanna be and are not an insider! |
| Date Posted: |
01/28/2006 |
| In Reply To: |
When a company of over 30,000 employees lets 15 of them go, that is called purging deadwood. Every company I ever worked for did this. Tell them they are laid off, give them severance and sign an agreement that they won't sue and part with them for ever. Sorry if that is you, but the fact is the company is adding people right here in the US every day. That is a fact as of this morning. As for Fidelity causing the dot com plunge or being responsible for people margining themselves to the hilt, again you have a sort of tunnel vision. Margin calls were causing some of the largest down days during this period, every brokerage had people calling day after day, as is required by law. I am not aware of any fines paid by the company, let's have a link and prove it. I see articles and headlines on Morgan Stanley, Prudential, Putnam and their owner Marsh-McClellan, Srong Fund, Pilgrim-Baxter, MFS, just keeps going; all paid big fines that affected their financial results. American Fund paid for giving backdoor payments to their favorite brokers from 12-1b fees. Even Vanguard got hit through some scandel involving Wellington Management. Still don't know what you are talking about except for some midget tossing and so far that investigation centers on specific former employees. Fidelity got Wells notices over 6 months ago and nothing has turned up over those 6 months. So where's the beef to you claims? People read the paper and see none of what you talk about. And you have no part or knowledge of the company's strategy, since you are an office rep. |
| Message: |
You have no insight into why people are angry at this company. I am ambivalent about seeing the stories in the news about the lack of security. But about this company it is poetic justice. All I have to do is show potential clients a copy of the story from Jan 20, 2006 San Francsico Chronicle, "A look at how thieves can clean your account." by David Lazarus. This is what happens when a company treats their employees like teenagers, work extremely long hours and may give you a CD player as a reward. When I was a Boy Scout, Boys Life Magazine had advertisers stating sell seeds and you can win prizes. It is the same philoshphy. If this company were serious, most of the managers would be demoted, bring in more experienced people and pay them well and stop cutting corners. When I worked at this company I estimated people were underpaid at least 30% and over worked them 25%. Now, you know why I can have birddogs at this company. Cheap pay and no appreciation, is a great receipe for this type leak of information.
For you, Just for Laughs, Fidelity wants to instill confidence, as in Confidence Man, as in Con Man as in a Con Game, so that would make you a Con Artist. This company is just blowing smoke up peoples rectums. As you mentioned Mark Desano maybe gay well, I won't be bent over, nor will I allow people who speak to me who have benefits with Fidelity and no longer with their previous employers to be treated in such a manner.
As you were told before you have poor judgement, lack of insight and definitely no comprehension skills. You are a perfect mantch for company with comprimised information, a leak as big the Mississippi.
Go tell Ned and Abbey about this, but you have to wait until you sleep since that would be in your dreams.
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